If the price of a commodity is increased by $50 %$ . By what fraction must its consumption be reduced so as to keep the same expenditure on its consumption:
$\frac{1}{4}$
$\frac{1}{3}$
$\frac{1}{2}$
$\frac{2}{3}$

Question

If the price of a commodity is increased by 50- By what fraction must its consumption be reduced so as to keep the same expenditure on its consumption-dfrac-1-4-dfrac-1-3-dfrac-1-2-dfrac-2-3-

Toppr Admin · Accepted Answer

If the price of a commodity is increased by 50%. By what fraction must its consumption be reduced so as to keep the same expenditure on its consumption:14131223

If the price of a commodity is increased by $50 %$ . By what fraction must its consumption be reduced so as to keep the same expenditure on its consumption:
$\frac{1}{4}$
$\frac{1}{3}$
$\frac{1}{2}$
$\frac{2}{3}$